BUZZ — Indian shares dip to near six — month lows; financials, IT lead losses

* Indian shares fall on Tuesday, trading near four-month lows, as a rise in oil prices and global bond yields dents market sentiment * Nifty 50, Sensex down 0.4% each; Brent crude futures jump 2.1% to $107.5 a barrel * Higher oil prices are detrimental for the world's third-largest importer, as they intensify inflationary worries and squeeze corporate profitability * Fourteen of the 16 major sectors decline; broader small-caps and mid-caps drop 0.3% and 0.5%, respectively * Heavyweight financials, IT dip 0.6% and 0.8% * Highest-weighted benchmark stock, HDFC Bank slides 1.2%, Reliance Industries slides 0.5% * Among stocks, Panorama Studios drops 8% after the income tax department's investigation wing visits company premises; PANM currently unable to confirm subject matter or status of investigation * Most Tata group stocks fall after Tata Trusts proposes a restructuring to sidestep a central bank requirement for the conglomerate's holding company to list its shares (Reporting by Bharath Rajeswaran in Bengaluru) ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;)